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4DS Memory Issues Shares and Advances Sixth Platform Analysis

Story Highlights
  • 4DS Memory issued 500,000 shares after option exercise, maintaining regulatory compliance.
  • The company progresses Sixth Platform analysis, with results expected by June 2025 end.
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4DS Memory Issues Shares and Advances Sixth Platform Analysis

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The latest update is out from 4DS Memory ( (AU:4DS) ).

4DS Memory Limited announced the issuance of 500,000 fully paid ordinary shares following the exercise of options, reflecting its ongoing compliance with regulatory requirements. The company is also progressing with its Sixth Platform Lot analysis in the USA, with Executive Chairman David McAuliffe set to oversee operations and collaborate with Infineon Technologies and imec representatives, aiming for preliminary results by the end of June 2025.

More about 4DS Memory

4DS Memory Limited, based in Silicon Valley, is a semiconductor technology company specializing in high bandwidth, high endurance, persistent non-volatile memory for advanced CMOS process nodes. Their technology, Interface Switching ReRam, is designed for computer-intensive and AI processor applications. Established in 2007, 4DS holds a portfolio of 34 USA patents and collaborates with Western Digital subsidiary HGST and Belgium-based imec.

Average Trading Volume: 6,120,860

Technical Sentiment Signal: Hold

Current Market Cap: A$114.2M

See more insights into 4DS stock on TipRanks’ Stock Analysis page.

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